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Affordable
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These days, finding an affordable place to live in the Smith area can be challenging. Home prices in Smith are now at a median cost of $110,907, lower than the Mississippi average of $183,008.
The average cost of rent is $674/mo in Smith, primarily driven by the current value of real estate in the Smith area. In Smith, 10.85% of households rent, and 67.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Smith is $4,701 per month. Households that rent pay about 14.35% of their income on rent here. Smith’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hebron, MS: higher priced homes
- Ora, MS: higher priced homes
- Mize, MS: higher priced homes
- Mount Olive, MS: equally priced homes
- Collins, MS: higher priced homes
- Taylorsville, MS: equally priced homes
- Kola, MS: higher priced homes
- Summerland, MS: less expensive homes
- Magee, MS: higher priced homes
- McRaney, MS: less expensive homes
Cities with Similar Populations
- Husum, WA: higher priced homes
- Sheldon, VT: higher priced homes
- Shawneetown, IL: less expensive homes
- Sciota, PA: higher priced homes
- North Salem, IN: higher priced homes
- Koran, LA: higher priced homes
- Kincaid, IL: equally priced homes
- Kilmichael, MS: equally priced homes
- Killdeer, ND: higher priced homes
- Karnack, TX: higher priced homes
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